Rivernorth Active Income Etf Technical Analysis
| CEFZ Etf | USD 8.25 0.05 0.60% |
As of the 4th of February, RiverNorth Active holds the Coefficient Of Variation of 1382.99, semi deviation of 0.6202, and Risk Adjusted Performance of 0.0522. Our technical analysis interface allows you to check existing technical drivers of RiverNorth Active Income, as well as the relationship between them.
RiverNorth Active Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as RiverNorth, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to RiverNorthRiverNorth | Build AI portfolio with RiverNorth Etf |
Investors evaluate RiverNorth Active Income using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating RiverNorth Active's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. External factors like market trends, sector rotation, and investor psychology can cause RiverNorth Active's market price to deviate significantly from intrinsic value.
It's important to distinguish between RiverNorth Active's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding RiverNorth Active should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, RiverNorth Active's market price signifies the transaction level at which participants voluntarily complete trades.
RiverNorth Active 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to RiverNorth Active's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of RiverNorth Active.
| 11/06/2025 |
| 02/04/2026 |
If you would invest 0.00 in RiverNorth Active on November 6, 2025 and sell it all today you would earn a total of 0.00 from holding RiverNorth Active Income or generate 0.0% return on investment in RiverNorth Active over 90 days. RiverNorth Active is related to or competes with Hoya Capital, KraneShares Emerging, Roundhill GLP, Franklin Templeton, Pacer Trendpilot, Research Affiliates, and Invesco SP. The investment seeks to link the price return version of the ISE High Income Index More
RiverNorth Active Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure RiverNorth Active's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess RiverNorth Active Income upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7616 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 3.93 | |||
| Value At Risk | (1.25) | |||
| Potential Upside | 1.16 |
RiverNorth Active Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for RiverNorth Active's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RiverNorth Active's standard deviation. In reality, there are many statistical measures that can use RiverNorth Active historical prices to predict the future RiverNorth Active's volatility.| Risk Adjusted Performance | 0.0522 | |||
| Jensen Alpha | 0.0139 | |||
| Total Risk Alpha | (0.0007) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0669 |
RiverNorth Active February 4, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0522 | |||
| Market Risk Adjusted Performance | 0.0769 | |||
| Mean Deviation | 0.4715 | |||
| Semi Deviation | 0.6202 | |||
| Downside Deviation | 0.7616 | |||
| Coefficient Of Variation | 1382.99 | |||
| Standard Deviation | 0.6761 | |||
| Variance | 0.4571 | |||
| Information Ratio | (0.01) | |||
| Jensen Alpha | 0.0139 | |||
| Total Risk Alpha | (0.0007) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0669 | |||
| Maximum Drawdown | 3.93 | |||
| Value At Risk | (1.25) | |||
| Potential Upside | 1.16 | |||
| Downside Variance | 0.5801 | |||
| Semi Variance | 0.3846 | |||
| Expected Short fall | (0.52) | |||
| Skewness | (0.17) | |||
| Kurtosis | 1.62 |
RiverNorth Active Income Backtested Returns
At this stage we consider RiverNorth Etf to be very steady. RiverNorth Active Income maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the entity had a 0.11 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for RiverNorth Active Income, which you can use to evaluate the volatility of the etf. Please check RiverNorth Active's Coefficient Of Variation of 1382.99, risk adjusted performance of 0.0522, and Semi Deviation of 0.6202 to confirm if the risk estimate we provide is consistent with the expected return of 0.0734%. The etf holds a Beta of 0.58, which implies possible diversification benefits within a given portfolio. As returns on the market increase, RiverNorth Active's returns are expected to increase less than the market. However, during the bear market, the loss of holding RiverNorth Active is expected to be smaller as well.
Auto-correlation | 0.73 |
Good predictability
RiverNorth Active Income has good predictability. Overlapping area represents the amount of predictability between RiverNorth Active time series from 6th of November 2025 to 21st of December 2025 and 21st of December 2025 to 4th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of RiverNorth Active Income price movement. The serial correlation of 0.73 indicates that around 73.0% of current RiverNorth Active price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
RiverNorth Active technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
RiverNorth Active Income Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of RiverNorth Active Income volatility. High ATR values indicate high volatility, and low values indicate low volatility.
About RiverNorth Active Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of RiverNorth Active Income on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of RiverNorth Active Income based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on RiverNorth Active Income price pattern first instead of the macroeconomic environment surrounding RiverNorth Active Income. By analyzing RiverNorth Active's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of RiverNorth Active's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to RiverNorth Active specific price patterns or momentum indicators. Please read more on our technical analysis page.
RiverNorth Active February 4, 2026 Technical Indicators
Most technical analysis of RiverNorth help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for RiverNorth from various momentum indicators to cycle indicators. When you analyze RiverNorth charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0522 | |||
| Market Risk Adjusted Performance | 0.0769 | |||
| Mean Deviation | 0.4715 | |||
| Semi Deviation | 0.6202 | |||
| Downside Deviation | 0.7616 | |||
| Coefficient Of Variation | 1382.99 | |||
| Standard Deviation | 0.6761 | |||
| Variance | 0.4571 | |||
| Information Ratio | (0.01) | |||
| Jensen Alpha | 0.0139 | |||
| Total Risk Alpha | (0.0007) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0669 | |||
| Maximum Drawdown | 3.93 | |||
| Value At Risk | (1.25) | |||
| Potential Upside | 1.16 | |||
| Downside Variance | 0.5801 | |||
| Semi Variance | 0.3846 | |||
| Expected Short fall | (0.52) | |||
| Skewness | (0.17) | |||
| Kurtosis | 1.62 |
RiverNorth Active February 4, 2026 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as RiverNorth stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.00 | ||
| Daily Balance Of Power | (Huge) | ||
| Rate Of Daily Change | 0.99 | ||
| Day Median Price | 8.25 | ||
| Day Typical Price | 8.25 | ||
| Price Action Indicator | (0.03) |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in RiverNorth Active Income. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Investors evaluate RiverNorth Active Income using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating RiverNorth Active's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. External factors like market trends, sector rotation, and investor psychology can cause RiverNorth Active's market price to deviate significantly from intrinsic value.
It's important to distinguish between RiverNorth Active's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding RiverNorth Active should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, RiverNorth Active's market price signifies the transaction level at which participants voluntarily complete trades.